Income tax on profit earned in dubai
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 June 2015
A resident Indian has entered into a partnership in dubai. The firm is carrying on a business there. He has not invested in the business but is a working partner. But he spends only three months in dubai. He is deriving a salary for looking after the business for three months. Is this income taxable in India?
Nikhil Kaushik
(Expert)
13 June 2015
yes. the income is taxable in India.
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